October 20, 2020

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Refining

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Pertamina says it has accelerated expansion of four oil refineries and two new projects

PT Pertamina (Persero) said it is optimistic that the development of its mega-refineries can be carried out smoothly to meet Indonesia’s domestic fuel and petrochemicals requirements. The various refinery projects will increase state-owned Pertamina’s fuel production capacity from the current 600,000 barrels per day (bpd) to 1.7 million bpd. Pertamina is expanding four existing refineries […]

April 26, 2019
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Saudi Aramco signs agreements to acquire stake in Zhejiang Integrated Refining & Petrochemical Complex

Saudi Aramco has signed three memoranda of understanding (MoUs) aimed at expanding its downstream presence in the Zhejiang province, one of the most developed regions in China. The company aims to acquire a 9% stake in Zhejiang Petrochemical’s 800,000 barrel-per-day (bpd) integrated refinery and petrochemical complex, located in the city of Zhoushan. The first agreement […]

February 27, 2019